The stock of Petroleo Brasileiro S.A. Petrobras ADR (PBR) has seen a 2.47% increase in the past week, with a -5.72% drop in the past month, and a 13.37% flourish in the past quarter. The volatility ratio for the week is 1.95%, and the volatility levels for the past 30 days are at 2.48% for PBR. The simple moving average for the past 20 days is 0.38% for PBR’s stock, with a 21.09% simple moving average for the past 200 days.
Is It Worth Investing in Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) Right Now?
The price-to-earnings ratio for Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is 3.78x, which is above its average ratio. Moreover, the 36-month beta value for PBR is 1.60. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Petroleo Brasileiro S.A. Petrobras ADR (PBR) is $16.76, which is $1.19 above the current market price. The public float for PBR is 3.72B and currently, short sellers hold a 0.88% of that float. On November 16, 2023, PBR’s average trading volume was 19.06M shares.
PBR) stock’s latest price update
Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR)’s stock price has plunge by -1.30relation to previous closing price of 15.78. Nevertheless, the company has seen a 2.47% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-14 that Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.
PBR Trading at 2.53% from the 50-Day Moving Average
After a stumble in the market that brought PBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.86% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -4.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.14% upper at present.
During the last 5 trading sessions, PBR rose by +2.63%, which changed the moving average for the period of 200-days by +36.60% in comparison to the 20-day moving average, which settled at $15.48. In addition, Petroleo Brasileiro S.A. Petrobras ADR saw 50.76% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PBR
Current profitability levels for the company are sitting at:
- +43.25 for the present operating margin
- +50.25 for the gross margin
The net margin for Petroleo Brasileiro S.A. Petrobras ADR stands at +29.37. The total capital return value is set at 40.71, while invested capital returns managed to touch 29.89. Equity return is now at value 36.80, with 14.13 for asset returns.
Based on Petroleo Brasileiro S.A. Petrobras ADR (PBR), the company’s capital structure generated 77.42 points at debt to equity in total, while total debt to capital is 43.64. Total debt to assets is 28.74, with long-term debt to equity ratio resting at 64.27. Finally, the long-term debt to capital ratio is 36.23.
When we switch over and look at the enterprise to sales, we see a ratio of 1.30, with the company’s debt to enterprise value settled at 0.51. The receivables turnover for the company is 16.87 and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
To wrap up, the performance of Petroleo Brasileiro S.A. Petrobras ADR (PBR) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.